By Bode Akinbode, Ibadan
As part of efforts to support the growth of micro, small and medium enterprises in Oyo State, the state government in collaboration with FATE Foundation, on Wednesday organized a programme tagged MSME CLINIC for about 800 entrepreneurs in Ibadan, the state capital.
The programme attracted critical stakeholders such as the Bank Of Industries ( BOI), Nigeria Export Promotion Council, NIRSAL, SMEDAN as well as the Oyo State Internal Revenue Service among others
While speaking with newsmen at the event, the Director General, Oyo State Investment And Public Partnership Agency (OYSIPA), Mrs Lola Olutola represented by the Coordinating Director of the agency, Mr Akin Makinde explained that the collaboration with FATE Foundation is aimed at building capacity of entrepreneurs in various businesses and to prepare them on how to access loan from funding partners .
Makinde disclosed that the programme which will also be held at Ogbomoso and Ibarapa zones of the state, targets 1,600 beneciaries.
He hinted that aside from individuals, over 200 MSMEs have so far benefited from the state government’s N1bn post covid-19 Intervention fund for interested entrepreneurs across the state.
Also speaking, the Leader, Growth and Support Services of FATE Foundation, Mr Fatai Olayemi stated that the foundation is out to help start up business in Nigeria particularly, by young graduates willing to become entrepreneurs.
Earlier, the Executive Assistant to the state governor on Administration, Rev, Idowu Ogedemgbe, said the state government went into partnership with FATE Foundation in line with it’s vision to boost the economic fortune of the state through a private sector led initiative
According to Ogedemgbe, entrepreneurs will not only develop and expand their businesses from the programme, it will also create employment opportunities for unemployed youth.